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As part of the settlement, TAFE has committed to participating in Agco’s ( AGCO) future share repurchase programs, while ...
TAFE reaches settlement with AGCO, retains Massey Ferguson brand ownership, buys back shares, and continues commercial agreements.
All commercial agreements between AGCO and TAFE will be terminated, with agreed wind-down provisions. Ownership of the "Massey Ferguson" brand will rest with TAFE on an exclusive basis in India ...
Tafe and AGCO have reached a comprehensive settlement, resolving disputes over brand rights and leading to significant ownership changes. Tafe will become the exclusive owner of the Massey ...
Tafe will retain its shareholding in AGCO at an ownership level of 16.3%, and not exceed it, while participating in AGCO's future buyback programmes. Tafe will remain a long-term investor in AGCO ...
TAFE will repurchase AGCO’s 20.7% stake in the company for $260 million, making it a wholly owned subsidiary of the Amalgamations Group, a Chennai-based diversified industrial conglomerate.
TAFE and AGCO reach settlement on brand rights, shareholding, and commercials, solidifying TAFE's ownership of Massey Ferguson brand.
Agco (AGCO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
TAFE will buy back AGCO’s shares in TAFE which amounts to 20.7% of TAFE’s equity for a consideration of $260 million thereby making TAFE a wholly owned subsidiary of the Amalgamations Group, a ...
Tractors and Farm Equipment Ltd (TAFE) on Tuesday announced a comprehensive out-of-court settlement with US-based AGCO Corporation on all matters relating to the Massey Ferguson brand, commercial ...
DULUTH, Ga., July 1, 2025 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today ...
The dispute dates back to April 2024, when AGCO terminated a key business agreement with TAFE, triggering a legal battle over the use of the Massey Ferguson brand. TAFE, which had long held a ...